The world, in perspective.

Investors are fretting over the massive debt AI companies are relying on to finance data center and chip spending, Wall Street analysts say.

Tesla says it increased its cash flow in the third quarter after investing far less in its AI and robotics ambitions than Wall Street had expected.

The filmmaker and Nike scion poured untold millions into his critically acclaimed "grand experiment." But he knows the real test is yet to come.

U.S. equity markets sold off sharply as fears that Israel and the U.S. would attack Iran sent oil prices higher, while stocks failed to hold on to recent gains.

The country’s audiovisual sector saw its first inwards investment drop since 2018, the 8th annual APA report revealed at the MIA Market in Rome.

Ontario’s finance minister says he will table his government’s fall economic statement next week, on Oct. 29. Peter Bethlenfalvy announced in a breakfast speech to the Canadian Club today that the document will provide an update on the province’s finances and outline the next phase of his plan. He did not divulge any details, but […]

The government is looking at whether spending on areas like AI, satellites and infrastructure could be classified as defense-related costs.

Social media group’s market value sinks by $124bn after it says it will raise ‘hundreds of billions of dollars’ in coming years

The Speaker is pointing his finger in the wrong direction over threats to MPs.

(END)

Heavy spending is needed to help Tesla reorient operations around futuristic business lines, a shift seen as justifying a merger with SpaceX.

Healthcare providers in Nigeria are calling for urgent health insurance reforms to reduce high out-of-pocket spending, which accounts for over 71% of costs Read More: https://punchng.com/health-providers-seek-insurance-reforms-to-cut-out-of-pocket-spending/

The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.

Filings show the party and its affiliated groups have amassed a big war chest but polling favours Democrats in many races

NDC governorship candidate, Abdulmumin Ajia, has called for an independent audit of Kwara social investment spending over alleged political use of funds. Read More: https://punchng.com/ndc-candidate-demands-audit-of-kwara-social-investment-spending/

ProSiebenSat.1 Media CEO Marco Giordani is all-in on a pan-European streaming service. Speaking today at the high-end German confab Munich Media Days, he explained the rationale for launching one streaming service across the multiple European territories in which ProSieben’s parent, the Berlusconi family-owned MediaForEurope (MFE), operates. The main benefit

The news comes as Japan approaches the one-year mark since Chinese authorities began issuing advisories urging citizens to avoid travel to Japan.

SEOUL, Oct. 21 (Yonhap) -- South Korean stocks rebounded Wednesday, recovering f...

SEOUL, Oct. 21 (Yonhap) -- South Korean stocks rebounded Wednesday, recovering f...

SEOUL, Oct. 21 (Yonhap) -- South Korean stocks rebounded Wednesday, recovering f...

(END)

The AI boom is entering a more unforgiving phase, as investors question whether the billions poured into data centers will translate into sustainable profits.

Speaking ahead of next week's Budget, the Conservative leader says her party would make £70bn of cuts.